Aes

Excited to finally announce the closing of @grovedotfinance's first institutional warehouse lending facility in partnership with @galaxyhq for $500M, financing their origination of senior secured loans to institutional borrowers. This is what Grove Financing was built for: institutional scale capital for crypto and stablecoin native businesses, structured to fit the borrower's needs. Crypto native originators have a financing problem. Banks largely will not warehouse digital asset collateral, and most onchain capital is passive, fickle, and unstructured. Grove Financing closes that gap. Grove brings committed capital, bespoke structuring, and real credit underwriting to businesses the traditional system cannot serve. Warehouse facilities have funded mortgage and auto lenders for decades. We applied that model to Galaxy's book with the same discipline: BTC and ETH collateral including staked variants, qualified custody at Anchorage Digital and BitGo, fully funded, terms of two years or less, committed in USDS. At full deployment, this facility deepens a relationship that started with Grove anchoring $50M of Galaxy's tokenized crypto backed CLO. Structured to the originator's needs at every step. If you are building a crypto or stablecoin native business and need institutional scale capital from a partner that deeply understands onchain finance and credit structuring, @grovedotfinance is here for you.